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Get your taxes done using TurboTax
This is so upsetting. I waited a month to get the form 8936 entered into TT so I could finally complete my taxes. Was thrilled to see the $7500 credit. I knew nothing about a phaseout, and now a week later it’s like “Psych…fooled you. You only get $1875.” So now we’re stuck with a giant Trump tax bill. Oh, it gets better; after you hit Done, you find out other deductions you’ve taken reduce it even more! Dropped again from $1875 to only $469. Yes, you’re going to say it’s not TT, it's the IRS. But TT served up a big “Good News!” and then a devastating disappointment. GRRRR.
February 20, 2020
6:57 PM